EA blames Wow for 13% Quarterly Share drop

Reuters—EA Games blamed their quaterly losses on the success of World of Warcraft, GTA and Halo 2; and weak performance of older games and shortages of game consoles that spur new game sales. EA reported a share drop of 13% on Q4. P.J. McNealy, an American Technology Research Analyst said: “It certainly doesn’t bode well for the rest of the sector”. That translates to questioning that . . . if a colossus like EA Games is facing trouble, all other smaller developers in the game industry might have serious losses. You can read more Here